Sometime later, in the year 1993, the government took yet another stride towards economic prosperity and made a turn towards merger of banks. The New Bank of India was merged with the Punjab National Bank (PNB). This was the first merger between nationalized banks in india. At present in india have 27 nationalized banks and 22 private sector banks and Report of the Narsimhan Committee The Narsimhan Committee, to file a report regarding the reforms in the Indian Banking Sector, was set up in the month of December, 1997. It submitted a report with the following suggestions, on April 23, 1998.
K. Pandit as Chairman of Prathama Bank, who has taken charge of the Bank on 31.10.2011. Sri B. K. Pandit joined Syndicate Bank on 18.03.1985 and has worked in various positions in branches as well as in administrative offices in Delhi, Balasore, Raniganj, Andaman Nicobar, Noida & Ghaziabad. Prior to his appointment as Chairman of Prathama Bank, Sri B. K. Pandit was holding the position of Deputy General Manager, Large Corporate Finance, Syndicate Bank, Regional Office, New Delhi. Sri Pandit is a prudent and positive Banker having rich experience of more than 2½ decades in various fields of Banking, operations and administration. Born on 10.09.1956, Sri B. K. Pandit is a Post Graduate in Science &
According to Muhamad Muda (1996), the history of Malaysian banking development dates back to more than 130 years ago when the first commercial bank which is the Chartered Mercantile Bank of India, London and China was established in 1859. In July 1913, Kwong Yik (Selangor) Banking Corporation was the first domestic bank in Malaysia. Commercial Bank, finance companies and merchant banks is the early financial structure of Malaysia. On 24 January 1959, the Central Bank which is Bank Negara Malaysia was established under the Central Bank of Malaya Ordinance, 1958 and Bank Negara
Commercial bank is the leading financial institution in granting of loans advances to individuals, business or firms (Malede, 2014). Again this service is the main means of revenue for the bank. Accordingly, to improve commercial bank lending it is better to identify main determinants of its lending. Thus depending on major findings and assessments at its risk and qualitative outcome, we suggest the following points. Hong Leong Bank can strive to strengthen its asset size, since its asset size determines its ability in new loan disbursement.
The operational jurisdiction has been covered by seven zones headed by Deputy General Manager’s. The corporation has formed Executive committee, Managing committee, Default Review Committee, Audit Committee, Project Implementation Review Committee and Small Loans Advisory Committee to assist the Board. 2.1.7 Management The management of Karnataka State Financial Corporation is pioneered by the Board of Directors constituted as per the State Financial Act of 1951, assisted by The Chairman, The Managing Director and The Executive committees. The Board consist a total of 9 directors comprising of: “One Chairman cum Managing Director appointed by SIDBI” “Two Directors nominated by SIDBI” “Two Directors nominated by the State Government” “Two Directors to represent public sector Banks” “Two Directors represented by Shareholders” 2.1.8 Personnel and Administration The strength of KARNATAKA STATE FINANCIAL CORPORATION stood at 960 at the end of 31st March 2016 as against 1020 at the end of 31st march 2015. There are eight in-house training programmes that were conducted to cover 295 employees.
The present structure of the financial system in Bangladesh comprises of various types of banks, insurance companies, and non-bank financial institutions. Bangladesh Bank is at the top of the banking system and is accountable for assuring prudential administration and central banking activities for all types of banks, all of the banks are operating within a small industry where excessive competition has always existed. The prevailing market competition induces the banks to disburse loans without proper screening of the borrowers. Financial institutions serve the market is by acting as repositories for risk by pooling the risk of commodities fluctuations. An institution that trades in derivatives can act to stabilize markets.
CHAPTER 1: INTRODUCTION 1.1 Background of Study In recent years, the banking industry in Malaysia has been through a rapid transformation. Many of banking industry focused on customer loyalty. Customer loyalty is the most important key to the banking industry to gain profitability in order to ensure the long term customer relationship. According to Prabhakaran (2003) the customer is the king. Therefore, customer satisfaction is vital in maintaining a loyal customer base.
The merging was decided by SBV. After the joining in WTO in 2007, especially after the financial crisis in 2008, the Vietnamese banking system, especially commercial banks had revealed major weaknesses and have been badly influenced by international financial impacts. Therefore, since 2008, Vietnamese banking system has faced so many difficulties and struggled in order to find a way to sustainable growth and contribute to the country development. From 2008 to the present, the global financial crisis has put a major impact on the Vietnamese economy, in which the banking system was a significant part. After a period of fast growth and expansion, the banking system revealed major weaknesses such as the cross-ownership of capital between different banks and high NPL
Krung Thai Bank vision to be a "Convenience Bank." A center of wide variety of quality financial products that meet people's needs by providing core banking business in accepting deposits, lending, accepting payments and collaborating with other businesses in offering the best products for sale through the Bank. Krung Thai Bank Mission is to presenting financial services that reach the target customer segments with speedy and accurate services at competitive prices through branch network covering all areas nationwide by adhering to good management principle. Stand almost half of century, Krung Thai Bank is the bank one of the best bank in Thailand by offering financial products and services convient and stability. With over 800 branches nationwide in
Introduction The commercial bank with its heritage of more than ninety five years in the business of training and development and its vision of becoming the best bank in Sri Lanka.the birth of Commercial bank in the 1920’during the British colonial period, a time when trade, commerce and enterprises opened commercial bank was founded in 1920; the eastern bank opened a branch at Chatham Street, Colombo.. Now Commercial bank became the only sri Lankan bank to be ranked the top 1000 bank in the world.commerical bank’s main bank at Colombo and our other branches in Achcuvely, Jaffna,akkaraipattu,akurana,ambalantota,ambalangoda,anurasshapura,Kandy ,vavuniya etc. OUR COMMERCIAL’S BANK VISION AND MISSION Our Vision ‘‘To be the most technologically